Tullow Oil Share Discussion Threads

[xxnjr] 12/12/2019 09:18

Hi there Billy_Buffin

My original Q to T was about HTHP, their full answer being

"We expect total depth of Carapa to be ~3,600m and this will take approx. 60 days, so a longer well that the others we are drilling this year. We expect elevated pressures compared to say the Jethro well, but nothing like the sort of pressures we experienced in Jaguar-1 a number of years ago. We have no concerns over pressure or temperature."

Good to know it's a 15K Rig.

[costax1654x] 12/12/2019 09:17

Might be a leak

[costax1654x] 12/12/2019 09:15

Eco is starting a rally as well!Hopefully Carapa comes good

[sbb1x] 12/12/2019 09:13

And in 2020 this will be back to 150.Invest 6k now for 15k in 2020... very possible

[oilisgold] 12/12/2019 09:13

I assume 84p or 80p are your exit targets?

[wildsheroo] 12/12/2019 09:13

Shorters will throw this off the roof to close their positions, stay put!!! Let them burn!

[theapplefreak] 12/12/2019 09:13

This will be tough. I'd imagine a few will be looking at the big 60 as an exit. As I type I see a 2m sell. I think we might hover here for a little as we off load and take on some new passengers. Tickets please everyone.

[oilisgold] 12/12/2019 09:12

Where did you lot get 80p target from? Which charts or trading platforms are you lot looking at?

[oilisgold] 12/12/2019 09:12

Sbb, it was 140p , so 20p no big deal. Many here still down a lot.

[sbb1x] 12/12/2019 09:11

84p target

[jungmana] 12/12/2019 09:11

80p short term target :-)

[theapplefreak] 12/12/2019 09:10

Buying and selling above 60. I thought we cracked it back back to 59.99 :(

[sbb1x] 12/12/2019 09:09

Well hello 60s

[tidy 2] 12/12/2019 09:08

Thats right. Momentum. Haha

[iammrweald] 12/12/2019 09:07

Cripes just about to post same woda.. or is it Yoda?

[subsurface] 12/12/2019 09:06

Perhaps after investigation they can recover more from the directors they have misled the board. did they misled the market? and for how long?.
I remember thinking when Tutu left one of his last jobs was to award the directors through the renumeration committee.

[knowing] 12/12/2019 09:06

Interesting to see that ECO is also on the move

[wodahsnoom] 12/12/2019 09:02

20mln traded in first hour - must be carapa speculation

[billy_buffin] 12/12/2019 09:02

xxnjr
Re overpressure

See that Jaguar-1 well was discontinued due well control problems (late cretacious)
Note that current Carapa-1 rig has a higher spec 15k BOP rating whereas Jaguar-1 had BOP 10k rating. Mud rating for the pumps is same for both rigs.

[pre] 12/12/2019 08:59

heading through 60p this time....

[oilisgold] 12/12/2019 08:57

Looks like all traders here. 80p bailout for them.

[oilisgold] 12/12/2019 08:56

Tidy, i see you are ramping here. Whats your fet out target?

[ratpat999] 12/12/2019 08:56

His name was momentum lol

[sandy12345] 12/12/2019 08:55

excellent!! now on the way to 70p